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CEMATRIX Corp T.CEMX

Alternate Symbol(s):  CTXXF

CEMATRIX Corporation is a Canada-based company, which manufactures and supplies technologically advanced cellular concrete products developed from proprietary formulations across North America. It is engaged in the supply and placement of cellular concrete. The Company’s cement-based material with thermal protection, which delivers a range of problems facing the infrastructure, industrial, energy and commercial markets. It supplies and installs lightweight cellular concrete with a cast density as low as 400 kg/m3. Its cellular concrete is commonly used as an insulation material for oil and gas facility slabs, roadways, shallow utilities and contaminated site remediation that requires ground heating. Its applications include retaining wall and bridge approach backfill, roadways and runways, and slope stabilization. Its wholly owned operating subsidiaries include CEMATRIX (Canada) Inc. (CCI), MixOnSite USA Inc. and Pacific International Grout Company.


TSX:CEMX - Post by User

Post by 1rockiton Aug 10, 2024 5:55pm
243 Views
Post# 36173043

Earnings!

Earnings! I've been following this stock for some time. I haven't pulled the trigger because of no decent bottom line earnings! If they were grossing 50 mill a year and clearing 5 mill , I would have bought it 6 months ago. One other problem with it is they have to compete with regular concrete suppliers. Their razor sharp margins in this business don't justify me pulling the trigger. There are just too many really good companies out there to buy. Example is PNG . Take a look at their May 29th 2024 paragraph 2. First quarter earnings. Believe me  you'll be impressed.  Anyways, I do wish everyone lots of luck. And who knows, it might double in the next 30 days! It definitely wouldn't be my first mistake. LOL. 
 
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